Candex

Candex

A collaboration app to manage payments between companies and their vendors with blockchain technology.

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Valuation: €0.0

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$45.0m

Series B
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues00000000000000000000
% growth-20 %52 %113 %20 %
EBITDA00000000000000000000
Profit00000000000000000000
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Dealroom estimates

More about Candex
Made with AI
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Candex operates as a fintech master vendor, facilitating compliant trade and seamless payments for businesses globally. The platform allows companies to engage, collaborate, and exchange payments without the need for cumbersome vendor setups in each financial system. Candex serves both buyers and sellers by acting as an intermediary; buyers receive invoices from Candex, while sellers invoice Candex for their goods and services. This model accelerates business operations by eliminating the complexities of managing multiple trading partners, providing control, visibility, and compliance. Candex operates in over 50 countries and is trusted by global enterprises. The company generates revenue by charging fees for its vendor management and payment processing services.

Keywords: fintech, master vendor, compliant trade, seamless payments, vendor management, global operations, business acceleration, control, visibility, compliance.

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